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Fast-growing econony vs Fast growing economy

Both phrases are correct, but they are used in different contexts. "Fast-growing economy" is the more common and standard way to describe an economy that is growing rapidly. On the other hand, "fast growing economy" can also be correct when used in a more informal or conversational context.

Last updated: March 31, 2024 • 591 views

This phrase is correct and commonly used to describe an economy that is growing rapidly.

"Fast-growing econony"

This phrase is used to describe an economy that is experiencing rapid growth. The hyphen between 'fast' and 'growing' indicates that the two words are acting together as a compound adjective.

Examples:

  • The country has a fast-growing economy, with a high GDP growth rate.
  • Investors are attracted to the region due to its fast-growing economy.
  • Emphasis is being put on supporting fast-growing innovative firms in the economy.
  • This contradicts American economists' conventional wisdom that fast-growing countries should borrow today against their larger future shares in the world economy.
  • This is important in the context of improving links between EU businesses and researchers in fast-growing economies such as China.
  • The new international division of labour with fast-growing economies like China, India, Brazil and Russia increases the pressure of globalisation.
  • Credit constraints in fast-growing developing economies may be the reason why the glut emerged in the first place.
  • Not surprisingly, Turkey's capacity to attract foreign direct investment is now comparable to other fast-growing emerging-market economies.
  • At CRT, we work with our clients to provide effective and sustainable solutions to the challenges they face in our fast-growing, global economy.
  • Bernanke dismissed complaints about commodity prices and emerging-market inflation, arguing that these phenomena had far more to do with lax monetary policies and overly rigid exchange rates in fast-growing developing economies.
  • Relations with fast-growing countries through such centres will benefit our economies in general, and SMEs in particular.
  • It is too late for a debate on setting the Maastricht criteria for fast-growing economies.
  • India has a fast-growing economy, which is having an impact on the demand for energy.
  • As the President has said, we have to meet the challenges from China, India and other parts of the world with fast-growing economies.
  • Human trafficking is a lucrative and fast-growing business.
  • Fast-growing trees take root where children once played.
  • The fast-growing economies of China and India have brought new competitors onto the scene who, ten years ago, did not play a significant role in the world economy.
  • In 2005, China was experiencing currency appreciation, which, as other fast-growing economies in East Asia have demonstrated, can stimulate the government and businesses to pursue structural reforms and industrial upgrading.
  • An internal market with 100 million more consumers in fast-growing economies will mean faster economic growth and more jobs in both the present and the future Member States.
  • At CRT, we work with our clients to provide effective and sustainable solutions to the challenges they face in our fast-growing, global economy.
  • Much of the economic success of recent decades in Europe, the United States and in fast-growing economies is precisely because of the agility of the financial markets.
  • Secondly, the Commission doubted that aid to games would be necessary, because they constitute a fast-growing market.

Alternatives:

  • rapidly growing economy
  • quickly expanding economy
  • booming economy
  • thriving economy
  • dynamic economy

This phrase is also correct, especially in informal or conversational contexts.

"Fast growing economy"

This phrase is used to describe an economy that is growing quickly, without the hyphen between 'fast' and 'growing'. It is more commonly used in informal or conversational settings.

Examples:

  • We are witnessing a fast growing economy in the region.
  • The country has a fast growing economy, attracting foreign investors.
  • Where relations with China are concerned, the main consideration for the Commission and Council should not be that this is a large country with a fast growing economy.
  • Evgeni Kirilov (BG): Bulgaria has a very rich culture and history and a tradition for tolerance... we have a fast growing economy and a new generation of entrepreneurs.
  • "As a fast growing economy China is also rapidly becoming one of the biggest polluters," said Mr Sacconi.
  • China, India and South America are fast growing economies where the ICT industry is developing rapidly.
  • The new international division of labour with fast-growing economies like China, India, Brazil and Russia increases the pressure of globalisation.
  • This should also eliminate windfall profits and put new entrants and fast growing economies on the same competitive footing as existing installations.
  • In this context I would like to recall that in fast growing economies structural inflation is higher.
  • It is too late for a debate on setting the Maastricht criteria for fast-growing economies.
  • India has a fast-growing economy, which is having an impact on the demand for energy.
  • This is important in the context of improving links between EU businesses and researchers in fast-growing economies such as China.
  • Current EU trade strategy clearly emphasises the need to tap into the fast growing economies in Asia.
  • As the President has said, we have to meet the challenges from China, India and other parts of the world with fast-growing economies.
  • The fast-growing economies of China and India have brought new competitors onto the scene who, ten years ago, did not play a significant role in the world economy.
  • In 2005, China was experiencing currency appreciation, which, as other fast-growing economies in East Asia have demonstrated, can stimulate the government and businesses to pursue structural reforms and industrial upgrading.
  • An internal market with 100 million more consumers in fast-growing economies will mean faster economic growth and more jobs in both the present and the future Member States.
  • Much of the economic success of recent decades in Europe, the United States and in fast-growing economies is precisely because of the agility of the financial markets.
  • The report says it is important to take into account the so-called Balassa-Samuelson effect (the view that fast-growing economies catching up with larger economies will inevitably have higher inflation rates during this transition) when considering the inflation criterion for emerging Member States.
  • The report says it is important to take into account the so-called Balassa-Samuelson effect (the view that fast-growing economies catching up with larger economies will inevitably have higher inflation rates during this transition) when considering the inflation criterion for emerging Member States.
  • What we need is to include the fast-growing economies of Asia in that process and, at the same time, look at how we can involve the developing world in that process.
  • Credit constraints in fast-growing developing economies may be the reason why the glut emerged in the first place.

Alternatives:

  • rapidly growing economy
  • quickly expanding economy
  • booming economy
  • thriving economy
  • dynamic economy

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